840 State Road 62 RdBowling GreenFL33834
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bowling Green at 840 State Road 62 Rd, Bowling Green, FL, 33834 uses $82,842 cash to close to unlock $1,521/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,785/mo, and a $1,223/mo payment keeps the spread at $127/mo. Purchase price stands at $249,900, and rental yield measures 8.57% with $1,785/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 113.26% and total cumulative return in cash records $93,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,785/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33834, Bowling Green, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,254 (100%) |
| Owner Occupied HU | 1,225 (54.3%) |
| Renter Occupied HU | 430 (19.1%) |
| Vacant Housing Units | 599 (26.6%) |
| Median Home Value | $136,676 |
| Average Home Value | $200,690 |
Housing Distribution
Address Breakdown
Residential
2,132
Single Family
1,755
Multi-Family
377
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Noey Flores • A.R.E.A. Real Estate Services
Mls Name: HFMLS
Mls ID: #309473
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.